Statutes, codes, and regulations
New Hampshire Administrative Code
Title Rev - Department of Revenue AdministrationChapter Rev 600 - PROPERTY ASSESSMENT
Part Rev 601 - DEFINITIONS
Section Rev 601.25 - Highest and best use

N.H. Admin. Code § Rev 601.25

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Current through Register No. 50, December 12, 2024
Section Rev 601.25 - Highest and best use

"Highest and best use" means the physically possible, legally permissible, financially feasible, and maximally productive use of a property, as appraised in accordance with RSA 75:1.

N.H. Admin. Code § Rev 601.25

Amended by Volume XXXIV Number 19, Filed May 8, 2014, Proposed by #10581, Effective 5/1/2014, Expires5/1/2024.
Amended by Number 15, Filed April 11, 2024, Proposed by #13916, Effective 3/28/2024, Expires3/28/2034 (formerly Rev 601.26) (see Revision Note #2 at chapter heading for Rev 600).